๐จ BREAKING: President Donald Trump says he was unaware of a reported $500 M investment from Abu Dhabi into his family-linked crypto venture World Liberty Financial (WLFI) โ claiming โmy sons are handling that.โ ๐งต๐
According to reporting, a UAE-backed investment vehicle โ linked to Sheikh Tahnoon bin Zayed Al Nahyan โ quietly paid $500 million for a 49% stake in WLFI just days before Trumpโs second inauguration.
Key takeaways:
โข The deal was negotiated with Eric Trump and involved a 49% equity stake valued at $500 M.
โข Half the investment โ ~$187 M โ was directly paid into Trump-linked entities.
โข World Liberty and the White House say Trump himself had no involvement and his assets are in a trust managed by his children.
โข The investment has sparked concerns over transparency, foreign capital flows, and ethics, with critics saying such deals raise conflict-of-interest questions.
๐ In simple terms:
A massive Gulf investment into a Trump-associated crypto firm was not publicly disclosed until recently, and Trump now says he didnโt even know about it โ โmy sons are handling that.โ
๐ง
โข โ$500 M Gulf money lands in Trump crypto โ President says โNo clue.โโ
